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Wages and International Rent Sharing in Multinational Firms
Budd, John W.; Konings, Jozef; Slaughter, Matthew J. - 2002
-of-moments estimators, affiliate wage levels are estimated to respond to both affiliate and parent profitability. The elasticity of … affiliate wages to parent profits per worker is approximately 0.03, which can explain over 20 percent of the observed variation … in affiliate wages. These results reveal a previously ignored aspect of labor-market rent sharing. They also reveal an …
Persistent link: https://www.econbiz.de/10010262687
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Much ado about nothing? Do domestic firms really benefit from foreign direct investment?
Görg, Holger; Greenaway, David - 2003
productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a …
Persistent link: https://www.econbiz.de/10010265405
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The wage curve reloaded
Blanchflower, David G.; Oswald, Andrew J. - 2005
countries, the wage curve in the United States has a long-run elasticity of approximately -0.1. In line with the paper …'s theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of …
Persistent link: https://www.econbiz.de/10010267487
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Supply and Demand, Allocation and Wage Inequality: An International Comparison
Dupuy, Arnaud; Borghans, Lex - 2003
In this paper, we develop an allocation model of workers differentiated by their field of study to test whether international differences in the wage structure can be explained by differences in labor demand and supply in each country. The model explicitly takes into account the effects of...
Persistent link: https://www.econbiz.de/10010261618
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Declining fertility and economic well-being: Do education and health ride to the rescue?
Prettner, Klaus; Bloom, David E.; Strulik, Holger - 2012
It is widely argued that declining fertility slows the pace of economic growth in industrialized countries through its negative effect on labor supply. There are, however, theoretical arguments suggesting that the effect of falling fertility on effective labor supply can be offset by associated...
Persistent link: https://www.econbiz.de/10010282140
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Earnings over the lifecycle: the Mincer earnings function and its applications
Polachek, Solomon W. - 2007
In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population. In the years since Mincer's seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array...
Persistent link: https://www.econbiz.de/10010268458
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Following Germany's Lead : Using International Monetary Linkages to Identify the Effect of Monetary Policy on the Economy
di Giovanni, Julian; McCrary, Justin; von Wachter, Till - 2005
policy was more independent of Germany. …
Persistent link: https://www.econbiz.de/10010262211
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Kombilöhne und Mindestlöhne als Instrumente der Beschäftigungspolitik: Erfahrungen und Handlungsoptionen
Eichhorst, Werner - 2006
approach regarding the introduction of additional minimum wages in Germany and more generous in-work benefits combined with an … employment, statutory minimum wages and implicit minimum wages defined by social assistance provisions. It calls for a cautious …
Persistent link: https://www.econbiz.de/10010268100
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Labor market adjustments after a large import shock: evidence from the German clothing industry and the multi-fibre arrangement
Braakmann, Nils; Wagner, Joachim - 2009
This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level...
Persistent link: https://www.econbiz.de/10010269526
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Volunteering and the state
Hackl, Franz; Halla, Martin; Pruckner, Gerald J. - 2009
This paper explores the capability of the state to affect the individual's decision to work for free. For this purpose we combine individual-level data from the European and World Values Survey with macroeconomic and political variables for OECD member countries. Empirically we identify three...
Persistent link: https://www.econbiz.de/10010269121